Phase 1 (what's under way) is scheduled to wrap sometime in 2027.

****

Of note, this entirely purpose-built rental.........including 32 affordable units to date, but likely a final number closer to 90.

For that reason............though its not his normal stomping grounds, I wanted to flag @HousingNowTO

Quoting this Renx Article:


View attachment 617142

We need to discuss with Toronto developers the benchmark above!

The 10% affordable still leaves 90% at new market rent which is becoming unaffordable for more and more people. The solution to get affordable housing from market rate developments can't even be referred to as band aid. The result from included affordable housing typically leads to denser developmental approval in suburban areas which satisfies urbantoronto fanboys but, is questionable as a desirable form for housing.

Dissatisfaction for new Torontonians is at an all time high and large part of that is all aspects of housing
 
The 10% affordable still leaves 90% at new market rent which is becoming unaffordable for more and more people. The solution to get affordable housing from market rate developments can't even be referred to as band aid. The result from included affordable housing typically leads to denser developmental approval in suburban areas which satisfies urbantoronto fanboys but, is questionable as a desirable form for housing.

Dissatisfaction for new Torontonians is at an all time high and large part of that is all aspects of housing

While you won't get any argument from me that we have an affordability crisis, and that a few hundred or a few thousand affordable units are, unto themselves not a fulsome solution to said crisis...........

And equally we'll agree that height is not the best solution in many cases, indeed while it somewhat reduces attributive land cost, construction per ft2 is higher in hirise forms than in lorise forms; and besides people need a range of different housing types....

Lets try not to get another thread off track w/such discussions. They are important discussions, and we've had them in a few different threads......but we don't need to have them in every thread.
 
Phase 1 (what's under way) is scheduled to wrap sometime in 2027.

****

Of note, this is entirely purpose-built rental.........including 32 affordable units to date, but likely a final number closer to 90.

For that reason............though its not his normal stomping grounds, I wanted to flag @HousingNowTO

Quoting this Renx Article:


View attachment 617142

We need to discuss with Toronto developers the benchmark above!
Maybe $209-K per door subsidy for an "affordable rental" apartment just goes a lot further in the Barrie market..??

If there are any public documents on Unit-Size, Definitions of "Affordable Rental" in Barrie -- and the Duration (XX years) of these agreements in Barrie, let me know.Thx!
 
I think UT's Barrie expert is @Undead so lets summon him and see if he can dig up the above.
 
From Barrie's affordable housing strategy:

Housing-Spectrum.jpg


1733448921899.png

  • Only 350 net new units have been added to Barrie’s rental supply in the past 20 years according to CMHC

  • Rental rates have been rising rapidly, with most options now exceeding $2,000 per month--can confirm and detached whole house rentals are going for $3,000 monthly in some areas

  • There are nearly 5,000 households waiting for social housing in Simcoe County, 60% of which are seeking a home in the City of Barrie

  • As of the 2021 Census, University of British Columbia Housing Assessment Resource Tool estimates an affordable housing deficit of more than 6,900 units. Based on the City’s forecasted growth to 2051, if no action is taken, the current deficit will nearly double

1733449235206.png

1733449315049.png


Potential zoning reforms:
  • Upzone along arterial roads (5-11 storeys)
  • Ease stepback requirements: ensure requirements related to setbacks, building step-backs (i.e., wedding cake / pyramid design), [...] do not negatively impact development yields and feasibility while recognizing community integration
  • Eliminate single-detached-only zoning (end zoning that only permits this built form)
  • Allow more density in neighbourhoods: ensuring medium-density housing types like traditional, back-to-back and stacked townhouses are allowed as-of-right in all neighbourhoods, as well as denser multiplex homes like four and six-plexes. Legalizing rooming houses in all residential zones would also be beneficial. We would also recommend that the City of Barrie consider permitting low-rise apartment buildings (3 or 4-storeys) with no required on-site parking in neighbourhoods and other strategic areas as-of- right
  • Allow residential development to be integrated into designated commercial areas
  • Eliminate or significantly reduce minimum parking requirements:
 
From Barrie's affordable housing strategy:

View attachment 617284

View attachment 617285
  • Only 350 net new units have been added to Barrie’s rental supply in the past 20 years according to CMHC

  • Rental rates have been rising rapidly, with most options now exceeding $2,000 per month--can confirm and detached whole house rentals are going for $3,000 monthly in some areas

  • There are nearly 5,000 households waiting for social housing in Simcoe County, 60% of which are seeking a home in the City of Barrie

  • As of the 2021 Census, University of British Columbia Housing Assessment Resource Tool estimates an affordable housing deficit of more than 6,900 units. Based on the City’s forecasted growth to 2051, if no action is taken, the current deficit will nearly double

View attachment 617288
View attachment 617289

Potential zoning reforms:
  • Upzone along arterial roads (5-11 storeys)
  • Ease stepback requirements: ensure requirements related to setbacks, building step-backs (i.e., wedding cake / pyramid design), [...] do not negatively impact development yields and feasibility while recognizing community integration
  • Eliminate single-detached-only zoning (end zoning that only permits this built form)
  • Allow more density in neighbourhoods: ensuring medium-density housing types like traditional, back-to-back and stacked townhouses are allowed as-of-right in all neighbourhoods, as well as denser multiplex homes like four and six-plexes. Legalizing rooming houses in all residential zones would also be beneficial. We would also recommend that the City of Barrie consider permitting low-rise apartment buildings (3 or 4-storeys) with no required on-site parking in neighbourhoods and other strategic areas as-of- right
  • Allow residential development to be integrated into designated commercial areas
  • Eliminate or significantly reduce minimum parking requirements:

I knew you'd deliver...........that's why I tagged ya
 
From Barrie's affordable housing strategy:

View attachment 617284

View attachment 617285
  • Only 350 net new units have been added to Barrie’s rental supply in the past 20 years according to CMHC

  • Rental rates have been rising rapidly, with most options now exceeding $2,000 per month--can confirm and detached whole house rentals are going for $3,000 monthly in some areas

  • There are nearly 5,000 households waiting for social housing in Simcoe County, 60% of which are seeking a home in the City of Barrie

  • As of the 2021 Census, University of British Columbia Housing Assessment Resource Tool estimates an affordable housing deficit of more than 6,900 units. Based on the City’s forecasted growth to 2051, if no action is taken, the current deficit will nearly double

View attachment 617288
View attachment 617289

Potential zoning reforms:
  • Upzone along arterial roads (5-11 storeys)
  • Ease stepback requirements: ensure requirements related to setbacks, building step-backs (i.e., wedding cake / pyramid design), [...] do not negatively impact development yields and feasibility while recognizing community integration
  • Eliminate single-detached-only zoning (end zoning that only permits this built form)
  • Allow more density in neighbourhoods: ensuring medium-density housing types like traditional, back-to-back and stacked townhouses are allowed as-of-right in all neighbourhoods, as well as denser multiplex homes like four and six-plexes. Legalizing rooming houses in all residential zones would also be beneficial. We would also recommend that the City of Barrie consider permitting low-rise apartment buildings (3 or 4-storeys) with no required on-site parking in neighbourhoods and other strategic areas as-of- right
  • Allow residential development to be integrated into designated commercial areas
  • Eliminate or significantly reduce minimum parking requirements:
Greatly appreciate those Barrie-specific charts.

As with everything in Housing... "Location, Location, Location" changes the context and financial fundamentals.
 

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